Thats not a lot!Is it a constant stream of that size or does it flucutate?

whats that over a 24 hour period roughly?

On my PC (720 Mhash/sec) I'm seeing about 1k/sec over a 3 minute window, which will be mostly work being received from the pool, calculated and sent back (i've also got the bitcoin-qt wallet running, so it may be doing something) YMMV

Think of mining as a fun, nerdy hobby. With careful planning and operations, you'll make a profit. But the profit alone shouldn't drive you to start mining. It's taken me almost a year to break even on hardware costs, so clearly, this wasn't the kind of profitable venture that one would want to get into to make dough. But it's been fascinating and fun. Breaking even is just icing on the cake.

I think it's worth it if you are a gamer and can use the cards for playing games. Though you'll fall short of breaking even on bitcoins, they'll subsidize your gaming habit. Presumably, you'll only play a few hours a day at most, and the rest of the time, the cards are just sitting there doing nothing.

This is somewhat like the reasoning that people pan for gold. The ones who are good at it say they make around $30k per year. That's a pretty meager wage, but for someone who enjoys being outdoors, in the stream, it's a pretty good job. Expenses are limited, and rent is cheap (if they rent at all - that land out there is cheap). If you love the work, you're going to enjoy life.

Whats the general consensus on mining if BFL actually releases there ASIC unit in October and ships it at that time. It would seem that even mining with fpga will be worthless in a few weeks of customers receiving units.

If 1 TH is actually achieved by BFL, FPGA mining will no longer be profitable unless there is a huge increase in Bitcoin price. It would be a better investment to consider getting in with a pool of people and getting a BFL or buying into a similar scheme on GLBSE.